Let’s Talk About Digital Identity with Ben Cronin, Managing Director at UBO Service.
In episode 39 of LTADI, Oscar talks to Ben about UBO Service and the challenges it solves around verifying Ultimate Beneficiary Owners, how UBO Service is leveraging Legal Entity Identifiers (LEIs) for KYC and enhanced CDD, and the Global LEI Foundation’s validation agent (VA) framework.
“It was very obvious to us that adding the LEI to that identification piece was very powerful because you’re really identifying and verifying the entity to a very high standard. By using data that we get from official government registries – adding that to an LEI just makes complete perfect sense to us.”
Serial entrepreneur Ben Cronin founded GBR (Global Business Register) in 2008. GBR morphed into Kyckr over the following years and Kyckr listed on the Sydney Stock Exchange in 2016, providing commercially proven products for the authentication of businesses globally. His roles at Kyckr included Managing Director and Chief Data Officer. Ben is a supporter of Max Schrem’s organisation, NOYB – European Centre for Digital Rights; the fight for data privacy is important for all citizens. Ben played professional rugby with Munster and Ireland in the 90’s. His other interests include tennis, whisky, science and family!
Ben Cronin is currently Managing Director at UBO Service. UBO Service offers an innovative new solution for obliged entities to capture accurate Ultimate Beneficial Owner (UBO) declarations in real-time.
Find out more about UBO Service at www.uboservice.com.
UBO Service is in partnership with Ubisecure’s Legal Entity Identifier service, RapidLEI. Read more about the partnership in the press release: www.ubisecure.com/news-events/rapidlei-ubo-service-partnership-kyc/